mall gains on light in the past few days, the general trend of the market, as well as downwards resistance coming up soon, all point to a drop.
Using the strong resistance at 54.40 as an entry point, first target is at $49.10, and the second around $46.50-$46.00.
Short trades will be executed through correlating prices in SDOW .
Conversely, if the market gains strength and can reach and hold above around $46.70, it would indicate a very strong market and a good chance for a partial recovery into the end of the year. This would be an area in which to take a long.
Just my opinions.